10 carbon tax money saving tips
The carbon tax is almost upon us, and yet many business owners are still dazed and confused about what it means for their business. Fair enough too, it can be a fairly complex topic to get your head...
View ArticleEOFY: How to make year-end less taxing
The end of the tax year is nigh and small businesses across Australia are searching for missing receipts and tackling queries that have been stored up for the obligatory annual visit to the accountant....
View ArticleSMBs prefer cleaning the office fridge to tax reporting
With June 30 closing in, experts warn thousands of business owners may miss out on tax concessions and run of the risk of paying too much tax as EOFY confusion continues to reign. A new study by...
View ArticleEOFY: Superannuation contribution changes are on their way
Thanks to changes outlined in the 2012/13 budget, business owners need to be aware of a number of superannuation contribution changes due to come into effect on July 1. Use this expert advice to ensure...
View Article10 tips for a headache-free EOFY
As the EOFY fast approaches, business owners are being urged to get their financial paperwork signed, sealed and delivered well before tax-time and reap the rewards over the long-term. Failing to...
View ArticleHow to manage your own accounts: Five steps
Working for yourself means not only do you need to market your products and services and bring in new business, but you also need to manage your own financial accounts. You have to keep on top of the...
View ArticleThe 110 things that need doing before tax year-end
With only a week and a half to go, time’s running out to get your year-end actions in order. If you’re unsure whether you’ve missed any EOFY opportunities, here are 110 ideas to help you ensure you’ve...
View ArticleEOFY: Five cashflow improving tax-time strategies
With the end of financial year and the introduction of the carbon tax fast approaching, businesses should be looking to maximise tax returns and improve cashflow. These five tips will ensure you make...
View Article10 tips to get you tax-time ready
EOFY is just a matter of days away, so what should you rush through before 30 June and what’s best left until the next financial year? Here’s a look. The world is moving at a frantic pace and...
View ArticleHow to get on top of your tax-time obligations
A third of small business owners are still keeping their receipts in a shoebox, according to a new survey. If this sounds familiar, these time-saving tips will help you get ahead in the next financial...
View ArticleFive steps to get your business finances in order
Establishing solid corporate and accounting strategies from the start is critical when launching a business. Consider this advice to get off on the right financial foot. You have a great business idea,...
View ArticleThe state of small business today
New research from the University of Technology Sydney has revealed the state of small business in Australia today and some lessons for SME owners to learn from. Small businesses form a significant part...
View ArticleHow good reporting eases decision-making
Whether you’re making decisions about how much stock to order, what staff will be rostered on the weekend, what extra promotional activity should be undertaken or if you can afford to pay an employee...
View ArticleYou can use future cashflow to fund business growth
Cashflow finance speeds up cashflow during times of growth, business acquisitions or seasonal sales cycles to help a business reach its full potential. Here’s how to decide if it’s right for your...
View Article9 steps to choosing the right accounting system
Remember – time is money! What’s the cost to your business if you have to spend 30 hours a month of your time on your bookkeeping? With this in mind, follow these 9 steps and you’ll be well on track to...
View ArticleWhere is your business overspending?
The most unexpected areas of overspending for a small and growing business. Q: What are the most unexpected areas of overspending for a small and growing business? A: First, let’s step back and ask...
View ArticleThe best way to manage fixed costs
Fixed costs can be a killer in any business – they can creep into any organisation slowly and choke it like a pervasive weed. Here’s how one specialist suggests you manage these difficult expenses. Now...
View ArticleRichard Branson on how to delegate control of your finances
You can’t do it all, so take this advice from the billionaire entrepreneur on how to share the responsibility of managing your company’s finances. Q: How can I delegate financial duties and...
View ArticleDepreciation made simple for small business
Depreciation has been made simpler for small business in the 2012-13 income year. There are three primary changes and they may impact your timing of asset purchases. A greater depreciation deduction...
View ArticleGet a loan from what you already own
Cashflow is essential to small business. But what do you do when the bank turns you down? Forget the bank – why not just lend yourself the money? What if you already had the assets you needed for short...
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